Juvssss

Juvssss Updated 

Hi everyone, It's still early to tell but this is what I'm watching for the next few hours. Still be cautious when trading. Cheers,

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. Note that this is not financial advice. Since we touched the lower part of the broadening megaphone pattern, we pumped 12% to touch the upper part of the megaphone. We may get rejected on the broadening megaphone pattern but I think there's a potential inverse head and shoulder pattern forming if we find...

Juvssss

Hi everyone, Thank you for considering reading my idea. Note that this is not financial advice. We may not be out of the woods yet. We may see a second wave of dip up to 54-55k. If we ever bounce off of that level, we may be forming a huge inverse head and shoulders with a target of 68-69k (nice).

Juvssss

Hi everyone, Thank you for considering reading my idea. Note that this is just for fun and not financial advice but what if Bitcoin did what happened on 2017. We'll talk about the potential ATH of 2021 and why the current price of Bitcoin as of this posting (52-53k) is the potential bottom of the next bear market. The indicator we will be using is the...

Juvssss Updated 

A potential head and shoulders pattern might be forming on the 1 hour chart. If we continue to go down to 46,000 level, the targe to the down side is at 40,300 level, at least in the next few days. I'm still bullish on bitcoin this year and this downside we might experience is healthy for bitcoin as we are overvalued on the 20 week MA. Cheers,

Juvssss

Hello everyone. Thank you for considering reading my analysis. Let me remind you that this is my opinion as it may or may not happen. It is likely after we broke out of the wedge, we could go to our next target of 60k. We may need to retest the 50k level in the next few days to confirm the trend. On the bearish scenario, we may not bounce on the 50k level and...

Juvssss Updated 

Hello everyone. Thank you for considering reading my analysis. Let me remind you that this is my opinion as it may or may not happen. From the symmetrical triangle we formed from our last idea, it held support at 43k level and started going up since. From the channel I drew, we broke out of that but I think we need to confirm the uptrend by bouncing off of the...

Juvssss

Hello everyone. Thank you for considering reading my analysis. Let me remind you that this is my opinion as it may or may not happen. As from my previous idea (see in the related idea below), we broke out of the channel and we need to test/bounce off of the upper line of the channel to confirm that we are going to the upside and WE DID. We likely go now to 50k....

Juvssss

Hello everyone. Thank you for considering reading my analysis. Let me remind you that this is my opinion as it may or may not happen. We can see that the wedge forming could broke out to the next level of $41 in the next few days. Cheers, Juvar

Juvssss

Hello everyone. Thank you for considering reading my analysis. Let me remind you that this is my opinion as it may or may not happen. Bitcoin just broke a symmetrical triangle in the 1H chart. From the top of 48,000 and the low of the triangle, we may see a dump going to the 42,000 level. As we can also see, we may find support from the previous support of 42k,...

02:46

Juvssss Updated 

Good day everyone. This is my first time trying to share my thoughts on Bitcoin. Hope you like it and thank you for listening as well

Juvssss

Great day everyone! Since my previous idea was invalidated where it already broke out of the ascending triangle (thanks Elon), it looks like Bitcoin has formed a channel and reached the 2.618 of the Fib Retracement from the high 40.9k and low 37.2k. If we see a minor retracement going back to the previous ATH (40k-41k) and the lower section of the channel, we...